Almost All Customers, Who Use Online Reviews, Read Them Very Early In The Buying Process

Let's say you wish to purchase a new vehicle and there are several models which fit your requirements. How do you pick the best one for you? Well, you read reviews.

With the help of other consumers, you manage to pick one that works for you. That's how favorable reviews transform customers into consumers.

Source: Consumer Affairs

88% Of Executives Consider Reputation Risk As A Leading Business Issue

Reputation management statistics suggest a business's reputation doesn't impact simply the clients. Prospective employees likewise look at scores and take a look at reviews.

Source: Deloitte

Customers Reading Reviews On A Mobile Device Are 127% Most Likely To Purchase Than Desktop Users

Mobile users choose to get things done quicker. For that reason, buying decisions are made quickly.

Online reviews are obviously persuasive, yet marketers haven't always come to appreciate the power of them.

Source: Martech Zone

89% Of Customers Review A Businesses Responses To Reviews

Not only do a lot of clients read the review replies, 30% of them highly value them. Practically 96% read the responses to their own reviews.

Source: Brightlocal

49% Of Customers Consider The Number Of Online Reviews As An Essential Factor In Their Purchasing Decision

Consumers value not only the quality or nature of the reviews, however they consider their quantity and recency as well.

The share of clients, who take notice of the number of reviews is presently at 46 percent.

Source: Brightlocal

83% Of All Younger People Were Invited To Leave A Review Recently

Of those invited, 80% of clients did submit a review. Overall, companies have actually asked 66% of all clients to give a review on their company.

Source: Brightlocal

More Than 4 Negative Reviews About A Business Or Service Might Reduce Sales By 70 Percent

One negative review is enough for 35% of a website's visitors to choose not to buy. 3 negative reviews can cost a business 59 percent less sales.

Naturally, they can be compensated by the large number of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

The Typical Review Length Has Actually Become 65% Much Shorter Since 2010

Presently reviews are much shorter, easier, and more straight to the point. The length of a review in 2019 is typical to that of a twitter tweet.

Source: Review Trackers

88% Of Americans Revealed That Product Reviews Were The Most Influential Factor When Purchasing Home Electronic Devices

Data reveal that reviews were more helpful than TV advertisements at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

83 Percent Of Clients Do Not Trust Advertising

The standard channels to reach customers aren't as prominent as they utilized to be. Many users who no longer trust ads pick to take note of consumers' recommendations online.

Source: Statuslabs

61 Percent Of Regional Businesses Have A Typical Ranking Of 4 To 5 Stars

Overall two thirds of businesses have exceptional and good ratings. Only 5% of businesses have a score below 3 stars.

Source: Brightlocal

Online Product Reviews About A Product Can Amplify Its Conversion Rate By More Than 270%

User review stats reveal the purchase likelihood for an item with 5 reviews is 270% higher than the exact same product without reviews.

Source: Spiegel Research Center

Clients Might Invest 31 Percent More With A Business That Has Fantastic Reviews

Pay attention to this fact. The better other users explain your service or product, the more cash you can charge and customer review stats show us precisely just how much more.

Source: Martech Zone